[Translation for Reference and Convenience Purposed Only]
Code No. 1662
June 25, 2014
To All Shareholders:
Osamu Watanabe, President
Japan Petroleum Exploration Co., Ltd. (JAPEX)
1-7-12 Marunouchi, Chiyoda-ku, Tokyo

Notification of Resolutions
at the 44th Ordinary General Meeting of the Shareholders
We are pleased to inform you that the following matters were reported and resolved at the 44th Ordinary
General Meeting of the Shareholders held on June 25, 2014.
Announcements: 1)

2)

Business report and consolidated financial report of the 44th Term (from April 1,2013 to March 31, 2014), and audit reports from the accounting auditor and Boardof Corporate Auditors on the consolidated financial report
JAPEX reported the foregoing items to the shareholders present at the meeting.
Financial report of the 44th Term (from April 1, 2013 to March 31, 2014)
JAPEX reported the foregoing item to the shareholders present at the meeting.

Resolution items:
Item 1: Appropriation of Surplus
This item was approved and adopted as proposed. It was decided to pay the year-end dividends of
25 yen per share for the 44th Term.
Item 2: Election of One (1) Director
This item was approved and adopted as proposed. Accordingly, one (1) Director, Motofumi Hyodo
was newly elected and assumed his office.
Item 3: Election of One (1) Corporate Auditor
This item was approved and adopted as proposed. Accordingly, one (1) Corporate Auditor, Norio
Nakajima was newly elected and assumed his office.
Norio Nakajima is an Outside Auditor.
Item 4: Awarding Retirement Benefits to Retiring Director and Retiring Corporate Auditor
This item was approved and adopted as proposed. Consequently, retirement benefits shall beawarded to retiring Director Hiroshi Sato, and retiring Corporate Auditor Kisaburo Ikeda according tothe standards specified by JAPEX in recognition of services during their respective tenures. The
specific amount, period, and method of payment, etc. for the retiring Director shall be entrusted todeliberation by the Board of Directors, and similar specific matters for the retiring Corporate Auditor
shall be consulted by Corporate Auditors.
Item 5: Payment of Bonuses to Directors and Corporate Auditors
This item was approved and adopted as proposed. A total bonus amount of 97,512,000 yen(92,712,000 yen for Directors and 4,800,000 yen for Corporate Auditors) will be paid to Directors andCorporate Auditors.
Item 6: Renewal of the Measures to Prevent Large-scale Acquisition of Our Company Shares (TakeoverDefense Measures)This item was approved and adopted as proposed. The measures to prevent large-scale acquisitionof our company shares (takeover defense measures) was renewed.

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[Translation for Reference and Convenience Purposed Only]---------------------------------------------------------------------------------------------------------------------------------------At the Meeting of the Board of Directors, held after the 44th Ordinary General Meeting of the Shareholders
closed, Representative Directors, Directors with Titles and Executive Officers were appointed and assumed theiroffices as follows.
Executive Vice President
Executive Vice President
Senior Managing Director
Senior Managing Director
Managing Director
Managing Executive Officer
Managing Executive Officer
Executive Officer
Executive Officer

Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer

Shoichi Ishii
Junichi Matsumoto
Kazuo Nakayama
Kiyoshi Ogino
Motofumi Hyodo
Takahisa Inoue
Hajime Ito
Hideaki Takahashi
Yoshitaka Ishii(Senior Managing Director)(Senior Managing Director)(Managing Director)(Managing Director)(Managing Executive Officer)(Executive Officer)(Executive Officer)---------------------------------------------------------------------------------------------------------------------------------------<Dividend Payments>
Shareholders who have requested that dividend payments be made by transfer to a bank or otherfinancial institution are asked to confirm the enclosed documents to receive the dividend.
Shareholders who have not requested that dividend payments be made by transfer to a bank or otherfinancial institution may receive their dividend payments at their nearby branch of JAPAN POST BANK Co.,
Ltd. and post office (banking agency) as indicated in the enclosed Receipt of Year-end Dividends. The period forreceiving payment is from June 26, 2014 to July 28, 2014.
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